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GOVERNMENT OF INDIA

0

Min. Investmenttooltip

* Settlement date 27th Mar 2024

6.8795%

Semi Annual Yieldtooltip

Coupon 7.38% p.a (Fixed)

20-Jun-2027

Maturity Datetooltip

3 Yr 2 Mo 24 Days
to maturity

6.9978%

Annual Yieldtooltip

Half-Yearly

Payment Termtooltip

100

Face Valuetooltip

IN0020220037

ISINtooltip

Private Placement

Mode of Issuetooltip

Yes

Listedtooltip

Taxable

Instrument Typetooltip

20-Jun-2022

Date of Issue

No

Perpetualtooltip

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Key Highlights

  • Government securities are Sovereign paper i.e. it is issued and guaranteed by the Government of India.
  • These are Risk-free investments, hence no default is observed since independence
  • In the case of Government Securities, there is no tax deducted at source.
  • Government Securities are a secure Investment that ensures investors a fixed income.

Why Invest in Government Securities?

Gilt-Edged Instruments
G-secs and SDLs are practically risk-free of defaults and hence are gilt-edged instruments
Safer than FD
Bank FD provides a capital protection max of up to 5 Lakhs in case of default, while investment in GSec and SDL are sovereign committed which are practically risk-free of defaults
Returns beats FD & Inflation
Return on Sovereign bonds yield 7.1% - 7.75% which hands down beats Bank FD rates (up to 6%) and Inflation (approx 6.75%)
Note: Subjected to changes
Source: RBI
Easy to Invest
1. Complete your KYC. 2. Transfer the Fund Online. 3. After the successful payment, bond units will be credited to your Demat account on T+1 day
Cash Flow
Download

2024

27 Mar

2024

20 Jun

2025

20 Jun

2026

20 Jun

2027

20 Jun
Maturity

Your investment of

0

minus
units
plus

Interest

Interest

Interest

Interest

Interest

596.14

+

Face Value

16,200

(100% of Face Value)

See Cashflow

Download Cash Flow

Indicative Interest Paymenttooltip

4,182.82

( Semi Annual Yield at 6.88%)

Total Returnstooltip

20,382.82

Disclaimer: The actual date of interest receivable & amount might slightly vary depending on bank holidays, closure, etc. The interest rate provided here is indicative. For the exact amount, kindly refer to your bank statement.
Tax Deducted at Source (TDS) is applicable to interest receivable, based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR) or submit your Form 121 to the respective registrar and debenture trustee of the bond to avoid the TDS deduction.

Compare Bonds

GOVERNMENT OF INDIA

Min. Investment 0
Yield6.88%
Tenure3 Yrs 2 Mo 24 Days
Payment FrequencyHalf-Yearly

KERALA INFRA.

Min. Investment 1,01,753.57
Yield9.15%
Tenure6 Yrs 6 Mo 15 Days
Payment FrequencyQuarterly

AP STATE BEVERAGES

Min. Investment 1,03,530.64
Yield8.79%
Tenure5 Yrs 4 Mo 22 Days
Payment FrequencyQuarterly
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